Many environmental problems are exaggerated. The threats facing marine fisheries, however, are quite real. There is a growing consensus among fishery experts that greater reliance on private-property rights can prevent overfishing and ensure sustainability.

Fisheries around the world are poorly managed. As Jonathan Adler explains in the UCLA Journal of Environmental Law and Policy, property-based management can conserve fisheries and maintain their value for human consumption.

Why is productive environmental governance so hard, and what might be learned from how corporate governance mechanisms address related problems? Dino Falaschetti's article addresses these questions, both in principle and in application to global fisheries.

Fishermen earn their living by competing with every other fisherman on the ocean for the most fish. The result has been overfishing, collapsed fisheries, and life threatening work conditions. Boat Captain Mark Lundsten describes his own experience on the Bering Sea.

As part of a PERC workshop, "Tackling the Global Fisheries Challenge," to be held November 14-15, Fisheries Specialist for the World Bank, Michael Arbuckle discusses rights-based fisheries reform in developing country fisheries.

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Founded 30 years ago in Bozeman, Montana, PERC—the Property and Environment Research Center—is the nation’s oldest and largest institute dedicated to improving environmental quality through property rights and markets.

The goal of PERC’s programs is to fully realize the vision of establishing “PERC University,” where scholars, students, policy makers, and others convene to expand the applications of free market environmentalism.

PERC's fellowships share a common goal of exposing new scholars, students, journalists, and policy makers to free market environmentalism, as well as enable scholars already familiar with FME to explore new applications.